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Apple to boost pay for US employees

  Bloomberg Apple Inc is raising salaries for workers in the US by 10% or more as it faces a tight labour market and the spread of unionisation efforts across its retail stores. The Cupertino, California-based company is expanding its overall compensation budget this year, it said in a statement. It will hike minimum hourly pay for its staff to ...

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Futures mixed as traders weigh Fed, China outlook

  Bloomberg US equity futures were mixed and bonds gained on Thursday as traders weighed Federal Reserve minutes that struck a less hawkish note with downbeat remarks on China’s economy by Premier Li Keqiang. Contracts on the Nasdaq 100 and S&P 500 fluctuated amid mixed corporate news. Nvidia Corp. fell more than 5% in premarket trading as China’s Covid-19 lockdowns ...

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Citi strategists say buy the dip in stocks on ‘healthy’ returns

Bloomberg It’s time to buy the dip in stocks, particularly in Europe and emerging markets, on their appealing valuations after a steep global selloff, according to strategists at Citigroup Inc. Strategists led by Robert Buckland said in a note that Citi’s bear market checklist is currently warning about only six out of 18 red flags, which compares with 13 red ...

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